How the Iran war is reshaping the global economy | GZERO World with Ian Bremmer

Harvard economist and former IMF Deputy Managing Director Gita Gopinath explains how Iran war is creating a surge in energy costs that's rippling through the global economy and pushing prices higher across everything from fuel to food. Subscribe to GZERO's YouTube channel and turn on notifications (🔔): http://www.youtube.com/@GZEROMedia Sign up for GZERO's free newsletters on global politics: https://www.gzeromedia.com/subscribe The economic impact of the Iran war is already showing up in rising prices. Energy costs have surged, with oil and gas prices driving a sharp increase in inflation and pushing up the cost of everyday goods.But Harvard economist and former IMF Deputy Managing Director Gita Gopinath says the bigger risk is what she calls “structural damage”—long-term economic shifts that don’t show up immediately but build over time. So far, the hit to global growth is modest, but it could worsen quickly if energy prices remain elevated. And while the US is somewhat insulated, the inflation shock is being felt worldwide. At the same time, artificial intelligence investment has helped offset some of the economic drag from tariffs in the US, masking underlying weaknesses. But whether that translates into lasting productivity gains remains uncertain. The price increases are immediate—but the deeper economic damage may take longer to unfold. Keep up with global news and why it matters. Follow GZERO! X: https://x.com/gzeromedia Instagram: https://instagram.com/gzeromedia PUPPET REGIME on Instagram: https://www.instagram.com/realpuppetregime/ TikTok: https://tiktok.com/@gzeromedia LinkedIn: https://linkedin.com/in/gzeromedia Facebook: https://facebook.com/gzeromedia Threads: https://threads.net/@gzeromedia Bluesky: https://bsky.app/profile/gzeromedia.com GZERO World on Apple Podcasts: https://podcasts.apple.com/us/podcast/gzero-world-with-ian-bremmer/id1294461271 GZERO World on Spotify: https://open.spotify.com/show/13QW2sLPCjVbdDE6fmJCNf?si=9d00ce9ed2184c59

Added 13 Apr 2026